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0.00% $1.80 rolek resources ltd

punting on manganese in namibia, page-13

  1. DSD
    15,757 Posts.
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    03/05/13
    00:43
    Post #: 11716823
    At 1c it's 1/25th of price 2 yrs ago. That doesn't mean it can't keep falling. However, JORC is 4x the size and better quality grade of Mn than the JORC 2-3 yrs ago. But need cash (aprox 35m) to get mine and plant producing. Once running the mine will pay itself back in no time. But it must get into prod or company will be shelved. Where is AGO?
    SRR Price at posting: 1.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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